Longevity Planning: A New Role for Advisors?

Longevity planning could be a new growth area for financial planners as healthcare advances are resulting in Americans living longer at a time when robo-advisors are competing with traditional advisors.

That's according to a new whitepaper by Dr. Joseph F. Coughlin, director of the Massachusetts Institute of Technology’s AgeLab. So reports Reverse Mortgage Daily.

Coughlin notes that higher life expectancies and the prevalence of education in the U.S. are increasing expectations regarding the roles of financial advisors.

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